Canada's Economic Data Shock! Retail Sales Plummet Far Exceeding Expectations, Is a Major Crypto Market Event Coming?
Article Body:
【Breaking News】 The Canadian Statistics Agency has just released shocking data—June retail sales fell by 1.10%, far lower than the market expectation of a 1.5% increase! Even more alarming, core retail sales also dropped by 0.20%, while analysts previously predicted a 1.1% increase! The recession alarm has sounded, and the global market is about to face a massive shock!
【In-depth Analysis of Crypto Market Impact】
✅ Safe-haven funds flowing into cryptocurrencies: With economic data collapsing and the Canadian dollar under pressure, BTC and ETH may become safe havens for capital!
✅ Changes in Federal Reserve policy expectations: Weak Canadian economic performance may affect the Fed's interest rate hike pace, with the market betting on a surge in the probability of a pause in rate hikes in September!
✅ Institutions accelerating DeFi layout: With the traditional retail sector in decline, demand for Web3 payments and stablecoins may surge!
【On-chain Data Anomalies】
USDT's over-the-counter premium has skyrocketed, and whale addresses are buying in frenzy!
BTC futures open interest has surged, with a bull-bear battle imminent!
Funds are rapidly flowing out of Canadian exchanges, and panic sentiment is spreading!
【Operational Strategies】
Short-term focus on BTC and ETH: Under expectations of economic recession, Bitcoin and Ethereum may become the preferred safe havens!
Long-term layout for DeFi and stablecoins: The collapse of the retail sector may accelerate the real-world application of digital currencies!
Be cautious of market volatility: Leverage players must control risks and guard against black swans!
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